However, I'd appreciate it if someone could confirm this and provide more specific details, including the relevant zip codes.Thanks :)We had a lot of problems with Guests at our STRs in Jacksonville Beach (ended up selling them!).

Building three more vacation rentals before the year ends is an ambitious goal—kudos to you and your partners!

In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discount on the rent.

One of my clients has begun managing and also GCs (higher end properties).

I highly recommend a well-qualified REALTOR that works with investors and knows how to best help you.6.

Since you are just graduating college you may already realize that it's not what you know, but who you know (as a personal note, I had college friends that were barely passing their classes however they ended up with really good paying jobs due to "who they knew").

(Yes, I know everyone wants to sit out their high horse and say to get permits but it's different when you are eating a 12% loan while waiting for someone to check your project).Have you spoken to the city about what type of permitting you need? 

So, if you felt that was the price range and chose to come in on the lower end of that I would stick with that and enjoy what will hopefully be a LONG LONG tenant stay. 

The person then gets called and qualed and so it begins.I am reasonably tech savvy but not as much in this realm (not yet I guess) and nobody end to end owns the process.  

Our returns are high enough to recoup the tax impacts with future investments.